Could China Go the Way of 1980s Japan?—Part 2

Could China Go the Way of 1980s Japan?—Part 2
Chinese communist leader Chairman Mao Zedong (L) welcomes U.S. President Richard Nixon, at his house in Beijing on Feb. 21, 1972. AFP via Getty Images
Chris Temple
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Commentary

Over the majority of the 20th century, China was not one of the more notable players on the world stage. In the years leading up to World War II, the country did begin to deal with an early, insurgent communist movement against the ruling Kuomintang (KMT). Yet this development did not register as much in the world’s psyche at the time as communist movements in Western nations that preceded this, in great part due to China being a relatively closed society.

Chris Temple
Chris Temple
Author
Chris Temple has set himself apart with his unique ability to make the intricacies of the markets and our world understandable to the average person, chiefly via his newsletter The National Investor.  With over five decades in the financial and investment world, his commentary has appeared in Barron’s, Forbes, Investors’ Digest, among other publications. To discover how to get his proprietary research in the paid newsletter service, go to The National Investor.
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